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, in autos and technology, even pop culture. on the economic front, though, the country's emergence from poverty have also been noteworthy. today we're kicking off a week of special reports on the trillion-dollar economy. chloe chao reports on why the export-oriented growth model that has driven so much of south korea's successes now needs to change. >> reporter: this 35-year-old is a wife and mother in a typical working-class family. she quit her job 1 1/2 years ago to care for her three sons, all of whom are under the age of 5. with her husband's income of 6,000 u.s. dollars a month, they're just making ends meet. >> translator: both of us came into this marriage with debts of our own. and because of this, it's not easy. if we started out without any debt, i think we'd be able to save about 50% of what we earn. >> reporter: and it's families like lee es that show the economy. so much so that president park made it one of her first major initiatives. in march she announced a $1.35 billion fund to provide debt relief to korean households. >> there has been a decoupling between the growth
. she says the halt was serious and she reinforce our collective commitment to addressing technological vulnerabilities of exchanges. former s.e.c. chief harvey pitt weighed in on cnbc's "kudlow report." >> this should not have happened. and the inability to tell people which securities would trade and which were opening ahead of others, that's pure chaos and it is wholly unacceptable. >> nasdaq chairman and ceo will be on u.s. "squawk box" today on a first on cnbc interview. that's at 7:30 a.m. eastern. head to our website to find out what is next for nasdaq. a number of analysts say the stock exchange's credibility is likely to bare the brunt of the fallout with the implications limited for broader trading and u.s. stocks, all on cnbc.com. >>> the nasdaq flash freeze is the latest in a stripg ng of trading snafus in recent years. the flash crash in 2010, that botched that ipo, the fake ap tweet and the erroneous trades earlier this week from goldman sachs all raised questions about whether market participants are comfortable with the risk computer glitches can cause to markets. do you
is an exclusive interview with ceo of samsung. why they're betting big on wearable technology. and tune in at 10:40, we'll learn how the french government plans to plug a euro deficit. at 11:05 cet we'll set aside some brazil and be joined by a guest who says the country's central bank could hike rates as they struggle with a weakening currency and imported inflation. jpmorgan's list of legal challenges gets longer. we'll get the details from new york at 11:45. all that and plenty more over the next couple of hours. any thoughts or comments, e-mail us, worldwide@cnbc.com. first, speculation is growing that the u.s. and allies will launch a missile strike against syria within days after widespread condemnation from global leaders about the alleged use of chemical weapons by the assad regime. speaking last night, u.s. vice president joe biden said there was no doubt chemical weapons were used and those responsible should be held accountable. the british prime minister david cameron's office backed the white house earlier today saying both governments had clear evidence the regime carried out the a
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